Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is accrual basis of accounting

Answer Posted / ravindra

Accrual basis of accounting. The other form is the cash
basis of accounting, where revenue is recorded only when
cash is received, and expenses are recorded only when cash
is paid.

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000

1956


Expand ----------GIDB

2071


Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

2132


what tax will be on puchasing of sweets and is necessery to use form 38.

2343


How can we display last five years sales in tally

1950


how i got knowledge about custom and excise i want rate list of custome and excise how we summit return of custom and excise , Is it include with ser. tax

2077


Expand---------MNOP

1992


how to solved the shares qusionas ?

2030


what is the difference between speculation & investment?

2162


Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?

1974


Short answer on Amalgamation

2258


What is specific reserve

2492


if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?

1794


explain sales/purchase accounting?

2151


how we could adj. the entries of prop. & firm in merging time

1862